Bir Kamu Politikası Olarak Mali Konsolidasyon: Kavramsal ve Teorik Çerçeve

Mali konsolidasyon, genel anlamda hükümet harcamalarının azaltılması ve kamu borçlarının GSYH içerisindeki payının düşürülmesi için gerekli politikaların uygulanmasıdır. Bu politikalar gerek vergi gerekse de harcama yönüyle ele alınarak mali disiplinin sağlanmasında ve borç stokunun minimize edilmesinde kullanılmaktadır. Bu açıdan uygulanan mali konsolidasyon politikalarının önemi, ekonomik büyümeye ve iktisadi hayata olumsuz etkiler yapmadan mali disiplinin sağlanmasıdır. Mali konsolidasyonun başarısı veya başarısızlığını belirlemede söz konusu etkilerin yanında konsolidasyon kavramının, dönemlerinin ve başarı kriterlerinin de ortaya konulması önem arz etmektedir. Çalışmada, söz konusu kriterler üzerinde literatürde ortak bir görüşün olmadığı tespit edilmiştir.

Fiscal Consolidation As a Public Policy: Conceptual and Theoretical Framework

Fiscal consolidation is the implementation of policies to reduce government expenditures and the public debt ratio to GDP. These policies are used to ensure fiscal discipline and minimize the debt stock by either tax or expenditure side. In this respect, the importance of fiscal consolidation policy is to ensure fiscal discipline without making negative effects on economic growth and economic life. Besides the conceptual framework, periods and the success criteria of fiscal consolidation are important factors for evaluating the success or failure of fiscal consolidation. In this study, it has been identified that there is no consensus on these criteria in the literature.

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